SPAIN (El Economista) The Norway Goverment Pension Fund, which invests the country's oil income and is the second largest pension fund in the world, with €500,000 millions under its management, has become one of very few institutional investors that could be looking to buy up shares in the troubled cajas, when these come into the market. The fact has been admitted by Norges Bank Investment, the managing entity, in an iunterview with El País. Experience in the Spanish stock market is not a problem: at the close of 2010, the fund was the second largest investor, with a global figure of $9,921 million (€7,460 million), according to Ipreo.>
